Rep. Richard Neal, D-Mass., ranking member on the House Ways and Means Committee, will likely become chairman of the powerful tax-writing committee if the House changes to Democratic majority in the midterm elections, a panel of legislative experts agreed Tuesday.
“It’s a safe bet” that Neal takes the reins from current chair Rep. Kevin Brady, R-Texas, Kara Getz, senior counsel for the Ways and Means Committee, said during a panel discussion at the American Society of Pension Professionals and Actuaries annual conference in National Harbor, Md., just outside Washington.
“Retirement is one of Neal’s biggest priorities,” Getz said. “If he becomes chairman of the Ways and Means Committee, retirement will be his No. 1 priority, which is very unique.”
Retirement “isn’t the sexiest issue on the Hill,” she continued, but Neal “passionately believes in this topic.”
Neal “believes in the retirement system, he thinks it’s working really well, and he’d like to improve upon it” by addressing the coverage gap, Getz said.